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Shark Tank (Australian TV series) season 3

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Shark Tank
Season 3
Starring
No. of episodes13
Release
Original networkNetwork Ten
Original release20 June (2017-06-20) –
19 September 2017 (2017-09-19)
Season chronology
← Previous
Season 2
Next →
Season 4

The third season of Shark Tank aired on Network Ten from 20 June 2017. The series was confirmed following the season 2 finale.[1]

Summary

[edit]

The show features a panel of potential investors, named "Sharks", who listen to entrepreneurs pitch ideas for a business or product they wish to develop. These self-made multi-millionaires judge the business concepts and products pitched and then decide whether to invest their own money to help market and mentor each contestant.[2]

Investments by Shark

[edit]
Correct as of Episode 9
Shark Offers Made Deals Made Total Investment[3]
Andrew 8 6 $3,275,015
Glen 8 5 $995,000 + mentoring
Naomi 8 5 $850,015
Steve 12 3 $600,000 + mentoring
Janine 9 3 $500,000 + mentoring x2

Episodes

[edit]

Episode 1

[edit]

[4]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Dr. Nikhol Pooviah, Dr. Raghav Murali-Ganesh & Dr. Martin Seneviratne "CancerAid"[5]
An app that personalises cancer information for patients and caregivers 		$5 million $500k for 10% Stake — $500k for 10% Stake $500k for 10% Stake $500k for 10% Stake $500k for 10% Stake Accepted Counter Offer[6][7][8]
Counter Offer
$250k for 5% Stake each
(Andrew & Glen) 		$250k for 5% Stake (Share with Glen) $250k for 9% Stake (single offer)
Accepted Counter Offer
$250k for 5% Stake (Share) 		Accepted Counter Offer
$250k for 5% Stake (Share)
2 Barry Rahme "Mini Clones"
3D scanning which creates replicated figurines 		$500,000 $125k for 25% Stake — — — — — No Offers[9]
3 Aleksandar Svetski "iRecruit"
Technology that ranks resumes to find best suit job applicant 		$9 million $200k for 2.2% Stake — — — — — No Offers[10][11][12]
4 Jenny Holten "Strange Grains"[13]
A wholesale artisan bakery selling gluten free bread 		$3.5 million $350k for 10% Stake — — — $350k for 25% Stake — Accepted Naomi's Initial Offer[14][15][16]
Counter Offer
$350k for 20% Stake

Episode 2

[edit]

[17]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Paris Marchant & Lawrence Lees "Generation Outcast Clothing"[18]
An online women's clothing company 		$900,000 $90k for 10% Stake Asking for higher equity counter offer — — — — Steve Rejected Counter Offer[19][20][21]
Counter Offer
$90k for 12.5% Stake 		Rejected Counter Offer
2 Dylan Colman & Tom Smith "The Hammbag"[22]
An all-in-one hammock, backpack and towel 		$300,000 $45k for 15% Stake — — — — — No Offers[23][24]
3 Margaret & Peter Powell "Catch 'N' Release"[25]
An anchor retrieval company that eliminates damage to the ocean 		$1 million $200k for 20% Stake — — — Mentorship 200k for 100% Stake + 5% Royalty Accepted Offer[26][27][28][29]
4 Capital M "Hoo Haa Headphones"
Headphones with a retractable lead 		$100 $20 for 20% Stake — — $40 for 40% Stake (Share with Naomi) $40 for 40% Stake (Share with Andrew) — Accepted Counter Offer[30][31]
Counter Offer
$30 for 30% Stake each 		Accepted Counter Offer
$30 for 30% Stake (Share)

Episode 3

[edit]

[32]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Heather Day "Hey Day Butter"
An artisan brand of gourmet butter 		$200,000 $50k for 25% Stake $50k for 25% Stake + 50c Repayment Royalty per portion for $25k — — $50k for 33% Stake — Accepted Naomi's Offer[33][34][35]
2 Jasmine Zapka & Andrew Eastoe "The Pole Room"[36]
A pole dancing for fitness program 		$667,000 $100k for 15% Stake — Mentorship — — — No Offers[37][38][39]
3 Lourens Badenhorst "Fish Frenz"[40]
A wave energy conversion fish feeding pump 		$622,000 $56k for 9% Stake — — — — — No Offers[41][42]
4 Kane Bodiam "iCapsulate"
A coffee company specialising in capsules, pods and roasted beans 		$16.6 million $2.5m for 15% Stake — — $2.5m for 25% Stake $2.5m for 33.3% Stake $2.5m for 40% Stake Accepted Revised Offer[43][44][45][46][47][48][49][50][51]
Counter Offer
$2.5m for 20% Stake (Andrew) 		Revised Offer
$2.5m for 22.5% Stake

Episode 4

[edit]

[52]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Alex Houseman "Over The Moo"[53]
Lactose-free coconut milk ice cream 		$3.125 million $250k for 8% Stake $250k for 25% Stake $250k for 49% Stake — — $250k for 25% Stake Glen Rejected Counter Offer[54][55][56][57][58][59]
Counter Offer
$250k for 15% Stake 		Offer Withdrawn Offer Rejected Rejected Counter Offer
2 Peter Kuhlmann "Mini Pallets"[60]
Product which raises goods off the ground allowing for easy moving access underneath 		$1 million $200k for 20% Stake — — $200k for 25% Stake $300k for 40% Stake (Share with Andrew) $200k for 25% Stake Accepted Counter Offer[61][62][63]
Counter Offer
$400k for 40% Stake
(Naomi & Andrew) 		Accepted Counter Offer
$400k for 40% Stake Stake (Share)
3 Maree Machin "Tractag"[64]
A QR identification tag 		$2 million $200k for 10% Stake — — — — — No Offers[65]
4 Lauren Silvers & Lisa Maree Boersma "Glamazon"
Online booking company for beauty services 		$1.67 million $250k for 15% Stake Asking for higher equity counter offer — — — — Accepted Counter Offer[66][67][68][69][70]
Counter Offer
$250k for 25% Stake 		Accepted Counter Offer
$250k for 25% Stake

Episode 5

[edit]

[71]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Kim Macrae "iKiFit"[72]
A learning program which engages children through music and movement 		$2.5 million $250k for 10% Stake — — — — — No Offers[73][74][75][76][77]
2 Jade Castle "Kaf.Tanned"
A line of kaftans to be worn after a spray tan 		$1.5 million $150k for 10% Stake $50k for 25% Stake + $100k Loan — — — — Accepted Offer[78][79][80][81]
3 Brett Page "Cellarwraps"[82]
Greeting card labels for bottles of wine 		$850,000 $170k for 20% Stake — — $170k for 30% Stake — $170k for 40% Stake Accepted Glen's Counter Offer[83]
Counter Offer
$170k for 30% Stake
4 Winston Wijeyeratne & Selvam Sinnappan "Sleeping Duck"[84]
A customisable mattress 		$10 million $500k for 5% Stake $500k for 15% Stake — $500k for 25% Stake — — Rejected Steve's Offer[85][86][87][88][89]
Counter Offer
$500k for 10% Stake 		$500k for 20% Stake + $20 Repayment Royalty per mattress up to $500k
Rejected Counter Offer

Episode 6

[edit]

[90][91]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Kjetil Hansen "Deliciou"[92]
A vegetarian bacon flavoured seasoning 		$1.2 million $300k for 25% Stake — — $300k for 45% Stake — — Accepted Revised Offer[93][94][95][96]
"Accepted Revised Offer"
$300k for 44% Stake
2 Tony Croce, Mike Nayer & David Jardine "The Guitar Strap Co."[97]
Custom designed guitar straps 		$1 million $100k for 10% Stake — $100k for 25% Stake — — — Accepted Offer[98][99]
3 Ben Burton "Zeppee"
An app that connects adoptable pets with potential owners 		$500,000 $50k for 10% Stake — — — — — No Offers[100][101][102]
4 Indi Sutton "The Monday Food Co."[103]
Handmade, organic, paleo granola 		$1.2 million $300k for 25% Stake — — — — $100k for 40% Stake + $200k Loan Accepted Offer[104][105][106]

Episode 7

[edit]

[107]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Patrick Gaskin & Tom Clift "Cardly"[108]
An online card sending service 		$3.57 million $250k for 7% Stake $250k for 33.3% Stake $250k for 30% Stake — $250k for 33.3% Stake — Accepted Naomi's 2nd Counter Offer[109][110][111][112][113][114]
Offer Withdrawal 1st Counter Offer
$150k for 15% Stake + $100k Loan that converts to additional 10% Stake
Counter Offer
$250k for 20% Stake 		2nd Counter Offer
$150k for 15% Stake + $100k Loan that converts to additional 5% Stake
2 Brad Webb "360 Gym"
A portable, outdoor strength training gym 		$1 million $200k for 20% Stake Mentorship — — — Mentorship No Offers[115]
3 Chrissy Glentis & Luke Lucas "Foddies"[116]
A specialty food brand for people with food intolerance and allergies 		$1 million $100k for 10% Stake — $100k for 40% Stake — — — Accepted Offer[117][118][119][120][121][122][123]

Episode 8

[edit]

[124]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Kate Save & Dr. Geoffrey Draper "Be Fit Food"[125]
Meal plan programs for rapid weight loss 		$1.5 million $300k for 20% Stake $300k for 33.3% Stake $200k for 33.3% Stake + $100k Loan — — — Accepted Janine's Offer[126][127][128][129][130]
2 Paul Cameron, Sam Davies & Seth Tonkin "Beer Pal"[131]
An app that shows where your favourite beers are on special 		$2 million $300k for 15% Stake — — — — — No Offers[132][133]
3 Bethany Grace Spoor "Bethany Grace"[134]
A natural skincare company 		$133,000 $40k for 30% Stake — Mentorship — — — No Offers[135][136][137]
4 Matt Natonewski "Nevermind Adventure"
A motorcycle touring and leather goods company 		$1.33 million $200k for 15% Stake $200k for 60% Stake — — — — Accepted Revised Offer[138][139][140]
Counter Offer
$200k for 40% Stake 		Revised Offer
$200k for 49% Stake

Episode 9

[edit]

[141]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Jayme & Jenny Park "Franki + Seoul"
Natural skin care and beauty products and the latest trends and insights from Korea 		$292,000 $35k for 12% Stake — — — — — No Offers[142][143]
2 Elias Kassas and Elisa Trifunoski "Just Jerky"[144]
An authentic and all-natural beef jerky 		$375,000 $75k for 20% Stake $75k for 40% Stake $75k for 37% Stake — $75k for 35% Stake $75k for 35% Stake Accepted Glen's Counter Offer[145]
Counter Offer
$75k for 33% Stake 		Offer Rejected Counter Offer
$75k for 35% Stake 		Accepted Counter Offer
$75k for 33% Stake
3 Lauren & Lily Martin "Wish U Were Here Dolls"[146]
Handsewn cushioned dolls for children created with images of family members 		$125,000 $25k for 20% Stake $25k for 40% Stake — $25k for 40% Stake — — Accepted Andrew's Offer[147][148][149][150]
4 Roland Safar & Matej Varhalik "Speedfit"[151]
A 20 minute intense fitness session using EMS (Electronic Muscle Stimulation) 		$2.8 million $280k for 10% Stake $280k for 40% Stake $280k for 33% Stake — — — Rejected Offers[152][153][154][155][156]
Counter Offer
$280k for 27.5% Stake 		Revised Offer
$280k for 31.1% Stake
Offer Rejected Offer Rejected

Episode 10

[edit]

[157]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Raph Freedman & Rory Boyden "Peak Chocolate"[158]
A pre-training, high performance chocolate 		$500,000 $50k for 10% Stake — — — — — No Offers[159][160][161][162][163][164]
2 Anthony & Rebecca Keain "Cart-A-Lot"[165]
A foldable cart 		$1 million $100k for 10% Stake — — — $100k for 45% Stake — Accepted Counter Offer[166][167][168]
Counter Offer
$100k for 40% Stake 		Accepted Counter Offer
$100k for 40% Stake
3 Benjamin Seer "Hummingbird"[169]
Raw superfood blendies to add to your smoothie 		$2 million $200k for 10% Stake — — — $100k for 10% Stake + $100k Loan — Naomi Rejected Counter Offer[170][171][172]
Counter Offer
$100k for 7% Stake + $100k Loan 		Rejected Counter Offer
4 Frank Lucisano & Tracy Richardson "ScopeIT Education"[173]
A company which delivers digital technology lessons to schools 		$4.21 million $632k for 15% Stake $632k for 30% Stake — — — $632k for 39% Stake Accepted Counter Offer[174]
Counter Offer
$632k for 25% Stake 		Accepted Counter Offer
$632k for 25% Stake 		$632k for 33% Stake

Episode 11

[edit]

[175]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Ace Ahsan "Your Flavour"
A range of handmade healthy seasoning products 		$800,000 $80k for 10% Stake — — — $80k for 50% Stake — Accepted 2nd Counter Offer[176][177]
Counter Offer
$80k for 25% Stake
With money back in 2 years or converts to 35% Stake
2nd Counter Offer
$80k for 40% Stake
2 Brent Thomas "Lash U Lashes"[178]
Professional eyelash extension training and high quality lash products 		$1.2 million $120k for 10% Stake
Plus $120k Loan 		— — — — — No Offers[179]
3 Rodney Cross & Harry Bradford "Squidezy"[180]
Squid cleaning tool 		$312,000 $100k for 32% Stake — — — — — No Offers[181][182]
4 Melanie Newman & Cory Boyd "Melanie Newman Salon Essentials"[183]
Professional dog grooming products made out of plant-derived ingredients 		$750,000 $150k for 20% Stake — Accepted Revised Offer
$150k for 50% Stake
Split 15% 		— — $150k for 50% Stake Accepted Revised Offer[184][185][186]
Accepted Revised Offer
$150k for 50% Stake
Split 35%

Episode 12

[edit]

[187]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Emma Head "Sweet Mickie"[188]
Personalised biscuit delivery 		$1 million $200k for 20% Stake — $200k for 49% Stake $200k for 45% Stake — — Accepted Counter Offer[189][190][191][192]
Counter Offer
$200k for 46% (Share equally) 		Accepted Counter Offer
$200k for 46% (Share equally)
2 Andrew Leary "Buckle Me Up"[193]
An app enabled seatbelt reminder and alert for passenger cars that pairs with your smartphone via Bluetooth 		$3.9 million $390k for 10% Stake $1.5 million for 100% Stake — — — — Rejected Steve's Offer[194][195]
Counter Offer
$2 million for 100% Stake 		Offer Rejected
3 Lisa Pagotto "Crooked Compass"[196]
A boutique tour operator, specialising in customised, small-group, and culturally immersive tours 		$467,000 $70k for 15% Stake — — — Mentorship — No Offers[197][198][199][200]
4 Anya Lorimer "One Talk"[201]
Talking posters operated by touch, that communicate with Aboriginal communities as well as non-English speaking new arrivals to Australia 		$250,000 $50k for 20% Stake — — — $50k for 20% Stake — Accepted Offer[202][203]

Episode 13

[edit]

[204]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Jaypee Abraham "Jimalie Coconut Products"[205]
A range of premium quality coconut products 		$425,000 $85k for 20% Stake — — — — $85k for 51% Stake Accepted Counter Offer[206][207][208]
Counter Offer
$85k for 40% 		Accepted Counter Offer
$85k for 45%
2 Fergus Creese "Find My Future"
Smart online tool for schools and career advisors helps to guide students and those looking to build a new future 		$1.2 million $300k for 25% Stake — — — — — No Offers[209]
3 Rick & Tracy Coles "Fresh Meals 2 U"[210]
All-natural, nutrient-rich freshly prepared meal delivery 		$1.5 million $150k for 10% Stake $200k for 25% Stake
Once $200k is repaid through royalties the Sharks' equity will reduce to a 10% Stake 		— — — Accepted Steve and Janine's Initial Offer[211][212]
Counter Offer
$200k for 20%
4 Chris Anderson "Ecto Hand Planes"[213]
A bodysurfing hand plane that's made from recycled surfboards 		$500,000 $100k for 20% Stake — — — $100k for 50% Stake — Accepted Offer[214][215][216]

Ratings

[edit]
No. Title Air date Timeslot Overnight ratings Ref(s)
Viewers Rank
1 Episode 1 20 June 2017 Tuesday 8.45pm 749,000 8 [217]
2 Episode 2 27 June 2017 Tuesday 8.45pm 737,000 9 [218]
3 Episode 3 4 July 2017 Tuesday 8.45pm 725,000 10 [219]
4 Episode 4 11 July 2017 Tuesday 8.45pm 581,000 12 [220]
5 Episode 5 18 July 2017 Tuesday 8.45pm 546,000 14 [221]
6 Episode 6 1 August 2017 Tuesday 9.00pm 442,000 — [222]
7 Episode 7 8 August 2017 Tuesday 7.30pm 477,000 17 [223]
8 Episode 8 15 August 2017 Tuesday 7.30pm 464,000 18 [224]
9 Episode 9 22 August 2017 Tuesday 7.30pm 461,000 19 [225]
10 Episode 10 29 August 2017 Tuesday 7.30pm 458,000 17 [226]
11 Episode 11 5 September 2017 Tuesday 7.30pm 394,000 20 [227]
12 Episode 12 12 September 2017 Tuesday 7.30pm 470,000 17 [228]
13 Episode 13 19 September 2017 Tuesday 9.00pm 389,000 — [229]

References

[edit]
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